Rising in demand for ready-to-eat, convenience, processed food owing to increasingly busy schedule, and changing the lifestyle of consumers has a further surge in need for on-the-go packaging with convenience features such as portability, opening, and easy disposability. Therefore, various prominent companies are offering products in stick packs to minimize their overall production and distribution cost which indicates that the portable, convenient stick packs are gaining momentum in the market.
To capitalize stick packs sale, vertical stick pack packaging machine is becoming increasingly popular owing to its convenience and dosing accuracy. Vertical stick pack packages are replacing sachets, as they consume approximately 40% less foil compared to rectangular sachet, and tends to run at higher production capacity than sachet making the machine. Vertical stick pack packaging machine provides minimal raw material consumption, space saving, safe and fast packaging process with reproducible sealing, and convincing packaging system.
Vertical Stick Pack Packaging Machine Market: Drivers and Restraints
Expanding demand for convenient packaging solutions, changing consumer’s lifestyle along with busy schedule have led to surging of the demand for packaged foods, and growing consumer’s desire for single serve, convenient, and on-the-go packaging are the primary factor driving the growth of the global vertical stick pack packaging machine market. Moreover, to cater the growing demand for packaged food companies are developing innovative packaging solutions that help in maintaining freshness, enhance product safety, and shelf life of the products are some of the prominent factors fueling the growth of vertical stick pack packaging machine market over the forecast period. However, food contamination, rising environmental concern, rising packaging standards may limit the growth of the vertical stick pack packaging machine market during the forecast period.
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Vertical Stick Pack Packaging Machine Market: Segmentation
The vertical stick pack packaging machine market, has been classified by product type, material type, packaging type, application and end user.
Based on product type, the vertical stick pack packaging machine market is segmented into the following:
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Based on the material type, the vertical stick pack packaging machine market is segmented into the following:
- Biaxially Oriented Polypropylene Films (BOPP)
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